Market Cap
$95,894,370.0
Fully Diluted Valuation
$111,921,909.9
24 Hour Trading Vol
$36,710,076.0
Circulating Supply
838,157,273.1
Total Supply
838,158,223.1
Max Supply
978,064,789.0
Chromia Price
$0.114
24h Range
$0.100 - $0.145
Percent Change 1h
1.52%
Percent Change 24h
-21.16%
Percent Change 7d
-22.72%
All-time high
$1.49
All-time low
$0.008740
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7D
1M
1Y
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Chromia (CHR) is a blockchain platform designed to facilitate the development of decentralized applications (dApps) with a focus on scalability and user experience. Launched in 2019, Chromia aims to provide a more efficient environment for developers by offering a relational database model, which simplifies the process of managing complex data structures. This differentiates Chromia from traditional blockchains, which typically use a key-value store, making it easier for developers to build applications similar to those on conventional platforms.
Chromia was co-founded by Henrik Hjelte, Marcus Kalland, and Fredrik Hjelte. Henrik Hjelte serves as the CEO, bringing substantial experience in software development and blockchain technology. Marcus Kalland, the CTO, has a background in programming and database management, while Fredrik Hjelte also contributes to the company's strategic direction. Their combined expertise is pivotal in guiding Chromia's vision and technological advancements.
Chromia operates on a unique architecture that combines the benefits of blockchain with the capabilities of traditional databases. At its core, Chromia employs a multi-chain architecture, which means that multiple blockchains can operate simultaneously, enhancing overall throughput and efficiency. The platform utilizes a programming language called Rell (Relational Language), which allows developers to create smart contracts and dApps in a way that resembles traditional SQL queries, making it more accessible for developers familiar with conventional database systems.
Transactions on Chromia are validated through a proof-of-stake (PoS) mechanism, ensuring that users can stake their CHR tokens to participate in the network and earn rewards. This model not only secures the network but also incentivizes community participation. Furthermore, Chromia’s design allows for seamless integration with existing systems, enabling developers to leverage blockchain technology without completely overhauling their current infrastructures.
Chromia's versatile platform supports various use cases, particularly in gaming, finance, and enterprise solutions. Here are some notable applications:
Securing your Chromia (CHR) tokens and assets is crucial. Here are some best practices to ensure your safety:
Investing in Chromia (CHR) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Chromia: Once your account is funded, you can purchase Chromia directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Chromia using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Chromia (CHR) is currently trading at $0.114 and exhibits good potential for future growth. Check the latest Chromia (CHR) price prediction.
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